- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive's death.
Industry:Financial services
The theory that a covered loan is less expensive when its cost is calculated in one currency, it will also be less expensive in all other currencies.
Industry:Financial services
Also called purchasing power risk, the risk that changes in the real return the investor will realise after adjusting for inflation will be negative.
Industry:Financial services
An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability.
Industry:Financial services
The fact that future inflation rates are not known. It is a possible contributing factor to the makeup of the term structure of interest rates.
Industry:Financial services
An arrangement by which a group of currencies maintain a fixed relationship relative to each other, but move jointly relative to another currency in response to supply and demand conditions in the exchange market.
Industry:Financial services
The maximum percentage of the value of securities that a broker can lend to a margin account customer, as dictated by the Federal Reserve Board in Regulation T.
Industry:Financial services
Expenses that cannot be adjusted or eliminated such as car payments or rental payments. Antithesis of flexible expenses.
Industry:Financial services
A form of business organisation that falls between a corporation and a partnership. The company sells stock, and its shareholders are free to sell their stock, but shareholders are liable for all debts of the company.
Industry:Financial services